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Expert Analysis

Implications Of Flagship Credit V. Indian Harbor

Law360, New York (July 30, 2012, 1:29 PM EDT) -- The Fifth Circuit recently held that coverage for statutory class action claims against a financial institution is not excluded under the definition of "loss" in a contract for liability insurance. Flagship Credit Corp. v. Indian Harbor Ins. Co., No. 11-20408, (5th Cir. June 15, 2012)....

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